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Archive for March, 2007

The Importance of Focus

In business, no matter what you do, it’s important to focus. Most people with the dream of making money on the internet don’t have the focus they need. All of you probably know the type of person that always starts new projects but never finishes any, right? I used to be like that myself, no […]

When you want to become successful you will come across some barriers, some small barriers, some big barriers and one giant barrier; You.
Becoming successful usually goes hand-in-hand with a mentality change. If you’re not successful right now and you don’t want to change a bit in your way of thinking, it’s unlikely that you’ll be […]

Dutch Beggar in Bangkok

I’m dutch mysel as you may know, and today I stumbled upon a video from a dutch beggar in Bangkok, Thailand.
He’s earning around 575 euros every month with begging, that’s money for doing nothing! Great entrepreneur skills *cough*.

People like to compare theirselves to others. They do it all the time, I used to do it myself and it’s likely you’re doing it as well.
DON’T
If you’re comparing yourself to others it’s time to stop it. It’s a bad habit and you will not reach your financial goals if you keep doing it long […]

Risk vs. Reward

When doing business we all face the risk versus reward situation someday. The same is true in finance and even in day-to-day life. When should you take the risk and when shouldn’t you?
When NOT to take risk
You should never, let me repeat that, NEVER take a risk when the potential reward is slim to none […]

You’re saving money every month, maybe putting money in stocks or mutual funds and you’re maxing out your 401(k). Do you need a financial advisor? I don’t know.
What I do know is when you do need a financial advisor.
When googling for what is a financial advisor you get this definition:
a consultant to an issuer of […]

We all know that saving for retirement is important, but how much should you save? How much is enough?
The problem is that you don’t know how much time you’ve got left after retirement so you can’t predict how much money you need. There’s a huge gap between living 5 years after retirement and living 30 […]

It is common for people to do what other people do. The best example is probably people getting a job because that’s what you’re supposed to do, plus, it’s secure *cough*.
Now, say you want to become wealthy, like most people, what would you do? Work for a boss? How many employees do you know that […]

This blog post, and the last 4 as well, are all written 5 days ago. Some days you’re motivated and full of things you can write about and other days you have to think for a while before you can come up with something interesting.
To maximize my time’s efficiency I decided to write as much […]

Self Motivation

In order to become successful in whatever you do you must be able to motivate yourself. If you aren’t motivated you can’t give your full potential and seriously lower the possibility of reaching your goals.
Self motivation is basically moving yourself to achieve something you badly want. Self motivation is not the same as external motivation, […]

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